The wider economic downturn and the gap between online and traditional offline advertising revenues in the magazine industry have been referred to in every panel I’ve attended so far (though more often than not it’s referred to as ‘challenging times’). But has the mag industry faced facts?

Dylan Jones, editor of GQ, doesn’t seem to think so:

“When we come out of this recession many industries will be the same, but the mass market motor industry and the newspaper industry will be changed forever,” Jones told delegates.

“There are many people in the magazine industry who think it won’t effect them, but we could equally be having these conversations in two or three years time about the magazine industry.”

The challenge for publishers is to monitor these changes and respond to the consumers’ changing needs online – often by embracing new, free technologies themselves, but also by finding new ways to serve up their content that will be found through specific search queries, for instance, or relating to niche topics.

According to Brittin, opportunities exist – with Google’s help of course – within the ‘first downturn in a truly digital age’.

Certain elements of the magazine are now web-first, for example, the pictures from the Style Hunter section, which attract hundreds of comments a week from readers.

“They [readers] feel involved, feel closer to the brand and feel closer to us as personalities. We’ve never been afraid of exposing the inner workings of the magazine,” said Bruton, who said the same exposure had been created offline when the magazine spent a week operating in a shopping centre.

“In the current climate the fact that people relate to our personalities and trust our brand is really crucial.”

For fellow panelist and GQ editor Dylan Jones, the key to online success is capturing the same luxury of the print magazine online, he said.

Being online has not changed the editorial stance of the magazine, which has remained central to the design of the website: “I think we’ve cracked it,” he added.